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If interest rate parity exists, the attempt to finance with a foreign currency while covering the position to avoid exchange rate risk will result in
| If interest rate parity exists, the attempt to finance with a foreign currency while covering the position to avoid exchange rate risk will result in an effective financing rate that is ____ the domestic interest rate. |
| none of the options listed |
| greater than |
| similar to |
| lower than |
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Finance In America An Unfinished Story
Authors: Kevin R. Brine, Mary Poovey
1st Edition
022650204X, 978-0226502045
